MOHAWK INDUSTRIES INC — fact timeline

Jeffrey S. Lorberbaum retired as Chief Executive Officer at MOHAWK INDUSTRIES INC.

“Mr. De Cock will succeed Jeffrey S. Lorberbaum, who will retire from his role as CEO of the Company at that time”

Paul F. De Cock was appointed as Director at MOHAWK INDUSTRIES INC.

“the Board of Directors of the Company (the “Board”) approved the appointment of Paul F. De Cock as Chief Executive Officer of the Company and as a Director on the Company’s Board, effective September 30, 2026”

Paul F. De Cock was appointed as Chief Executive Officer at MOHAWK INDUSTRIES INC.

“the Board of Directors of the Company (the “Board”) approved the appointment of Paul F. De Cock as Chief Executive Officer of the Company and as a Director on the Company’s Board, effective September 30, 2026”

MOHAWK INDUSTRIES INC shareholders approved Approval of the Mohawk Industries, Inc. 2026 Incentive Plan at the 2026-05-21 meeting.

“(4) Votes regarding the approval of the 2026 Plan were as follows: Votes For Votes Against Votes Abstain Broker Non-Votes 51,757,386 840,558 19,126 2,725,067”

MOHAWK INDUSTRIES INC shareholders approved Non-binding, advisory vote with respect to the compensation of the Company's Named Executive Officers at the 2026-05-21 meeting.

“(3) Votes regarding the non-binding, advisory vote with respect to the compensation of the Company’s Named Executive Officers were as follows: Votes For Votes Against Votes Abstain Broker Non-Votes 48,793,836 3,732,023 91,211 2,725,067”

MOHAWK INDUSTRIES INC shareholders approved Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 at the 2026-05-21 meeting.

“(2) Votes regarding ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2026 were as follows: Votes For Votes Against Votes Abstain 53,226,241 2,102,519 13,377”

MOHAWK INDUSTRIES INC shareholders approved Election of directors for a three-year term beginning in 2026 at the 2026-05-21 meeting.

“(1) Votes regarding the election of the following persons as directors for a three-year term beginning in 2026 were as follows: Name Votes For Votes Against Votes Abstain Broker Non-Votes Karen A. Smith Bogart 42,231,791 10,370,977 14,302 2,725,067 Jeffrey S. Lorberbaum 51,075,758 1,334,971 206,341 2,725,067 Bernard P. Thiers 50,844,377 1,566,270 206,423 2,725,067”

MOHAWK INDUSTRIES INC entered into New Credit Agreement with JPMorgan Chase Bank, N.A. and J.P. Morgan SE, as U.S. administrative agent and non-U.S. administrative agent (together, the “Administrative Agent”), and certain lenders party thereto valued at $1,500,000,000 (effective 2026-05-12).

“(the “Company”) entered into a New Credit Agreement (as defined hereafter), and, substantially contemporaneously therewith, the Company terminated all outstanding commitments and repaid all outstanding obligations under that certain”

MOHAWK INDUSTRIES INC terminated Existing Credit Facility with Wells Fargo Bank, National Association, as administrative agent, swing line lender, and an L/C issuer, and the other lenders party thereto (effective 2026-05-12).

“the Company terminated all outstanding commitments and repaid all outstanding obligations under that certain Second Amended and Restated Credit Agreement, dated as of October 18, 2019”

MOHAWK INDUSTRIES INC incurred revolving credit of $1,500,000,000 with JPMorgan Chase Bank, N.A. and J.P. Morgan SE, as U.S. administrative agent and non-U.S. administrative agent at (a) Term SOFR plus an applicable margin ranging from 0.750% per annum to 1.250% maturing May 12, 2031.

“The New Credit Agreement provides for unsecured revolving credit commitments in an initial aggregate amount of up to $1,500,000,000”

MOHAWK INDUSTRIES INC reported first quarter 2026 results: revenue $2.7 billion, net income $117 million, EPS $1.90.

“Mohawk Industries, Inc. (NYSE: MHK) today announced first quarter 2026 net earnings of $117 million and earnings per share (“EPS”) of $1.90; adjusted net earnings were $117 million, and adjusted EPS was $1.90. Net sales for the first quarter of 2026 were $2.7 billion”

James F. Brunk changed role as Chief Accounting Officer and Corporate Controller at MOHAWK INDUSTRIES INC.

“Mr. Repp will succeed James F. Brunk, 59, who has served as Chief Accounting Officer and Corporate Controller on an interim basis since March 14, 2025, while the Company conducted a search for a permanent replacement for the Company’s prior Chief Accounting Officer. Mr. Brunk will continue serving in his current role as Chief Financial Officer of the Company.”

David L. Repp was appointed as Senior Vice President - Chief Accounting Officer and Corporate Controller at MOHAWK INDUSTRIES INC.

“On March 31, 2025, Mohawk Industries, Inc. (the “Company”) announced the appointment of David L. Repp as Senior Vice President - Chief Accounting Officer and Corporate Controller, effective March 31, 2025.”

James F. Brunk was appointed as Chief Financial Officer and interim Chief Accounting Officer and Corporate Controller at MOHAWK INDUSTRIES INC.

“In addition to his duties as Chief Financial Officer, James F. Brunk (age 59) will serve as Chief Accounting Officer and Corporate Controller of the Company on an interim basis, effective March 14, 2025.”

William W. Harkins resigned as Chief Accounting Officer and Corporate Controller at MOHAWK INDUSTRIES INC.

“William W. Harkins informed Mohawk Industries, Inc. (the “Company”) that he will be resigning to pursue another opportunity, effective March 14, 2025.”

Ken Walma was appointed as President of Flooring North America at MOHAWK INDUSTRIES INC.

“The Company also announced that Ken Walma will join the Company on November 11, 2024, and will succeed Mr. De Cock as President of the Company's Flooring North America segment effective February 1, 2025.”

Paul De Cock was appointed as President and Chief Operating Officer at MOHAWK INDUSTRIES INC.

“The Company also announced that Paul De Cock will succeed Mr. Wellborn as the Company's President and Chief Operating Officer, effective February 1, 2025.”

Christopher Wellborn changed role as Vice Chair of the Board at MOHAWK INDUSTRIES INC.

“On November 6, 2024, Mohawk Industries, Inc. (the "Company") announced that, effective February 1, 2025, Christopher Wellborn will retire from his role as the Company's President and Chief Operating Officer and will continue in a senior advisory role after February 1, 2025 to ensure a successful transition of the business and its strategies.”

MOHAWK INDUSTRIES INC: Approved amendments to Amended and Restated Bylaws to provide for uncertificated shares effective November 1, 2024, with existing certificated shares remaining valid until surrendered (effective 2024-10-31).

“On October 31, 2024, the Board of Directors of Mohawk Industries, Inc. (the “Company”) approved amendments to the Amended and Restated Bylaws (the “Bylaws”) of the Company, effective on such date.”

Mauro Vandini was appointed as President of the Company’s Global Ceramic segment at MOHAWK INDUSTRIES INC.

“On September 5, 2024, Mohawk Industries, Inc. (the “Company”) announced that Mauro Vandini will succeed Christopher Wellborn as President of the Company’s Global Ceramic segment effective September 15, 2024.”

Christopher Wellborn changed role as President of the Company’s Global Ceramic segment at MOHAWK INDUSTRIES INC.

“On September 5, 2024, Mohawk Industries, Inc. (the “Company”) announced that Mauro Vandini will succeed Christopher Wellborn as President of the Company’s Global Ceramic segment effective September 15, 2024.”

MOHAWK INDUSTRIES INC reported fiscal quarter ended March 30, 2024 results: revenue $2.7 billion, net income $105 million, EPS $1.64.

“Mohawk Industries, Inc. (NYSE: MHK) today announced first quarter 2024 net earnings of $105 million and earnings per share (“EPS”) of $1.64; adjusted net earnings were $119 million, and adjusted EPS was $1.86. Net sales for the first quarter of 2024 were $2.7 billion”

Bernard P. Thiers was appointed as Director at MOHAWK INDUSTRIES INC.

“On February 15, 2024, the Board of Directors (the “Board”) of Mohawk Industries, Inc. (the “Company”) appointed Bernard P. Thiers to the Board to serve as a director in Class I for the Company.”

MOHAWK INDUSTRIES INC reported fiscal quarter and year ended December 31, 2023 results: revenue $2.6 billion, net income $139 million, EPS $2.18.

“of $139 million and earnings per share (“EPS”) of $2.18; adjusted net earnings were $125 million, and adjusted EPS was $1.96. Net sales for the fourth quarter of 2023 were $2.6 billion, a decrease of 1.4% as reported and 4.1% on a legacy and constant basis versus the prior year. During the fourth quarter of 2022, the Company reported net sales of $2.7 billion,”

MOHAWK INDUSTRIES INC reported nine-month period ending October 1, 2022 adjusted results: net income adjusted net earnings were $739 million, EPS adjusted EPS was $11.56.

“adjusted net earnings were $739 million, and adjusted EPS was $11.56, excluding impairment and other non-recurring charges.”

MOHAWK INDUSTRIES INC reported nine-month period ending October 1, 2022 results: revenue net sales of $9.1 billion, net income net loss of $8 million, EPS loss per share of $0.13.

“For the nine-month period ending October 1, 2022, the Company reported net sales of $9.1 billion, a net loss of $8 million and a loss per share of $0.13; adjusted net earnings were $739 million, and adjusted EPS was $11.56, excluding impairment and other non-recurring charges.”

MOHAWK INDUSTRIES INC reported nine-month period ending September 30, 2023 adjusted results: net income Adjusted net earnings were $462 million, EPS adjusted EPS was $7.23.

“Adjusted net earnings were $462 million, and adjusted EPS was $7.23, excluding impairment and other non-recurring charges.”

MOHAWK INDUSTRIES INC reported nine-month period ending September 30, 2023 results: revenue net sales were $8.5 billion, net income reported a net loss and loss per share of $579 million, EPS loss per share of $9.10.

“Adjusted net earnings were $462 million, and adjusted EPS was $7.23, excluding impairment and other non-recurring charges. For the first nine months of 2023, net sales were $8.5 billion, a decrease of 6.2% as reported and 8.7% on a legacy and constant currency and days basis versus the prior year. For the nine-month period ending October 1, 2022, the Company”

MOHAWK INDUSTRIES INC reported third quarter 2022 adjusted results: net income Adjusted net earnings were $212 million, EPS adjusted EPS was $3.34.

“Adjusted net earnings were $212 million, and adjusted EPS was $3.34, excluding impairment and other non-recurring charges.”

MOHAWK INDUSTRIES INC reported third quarter 2022 results: revenue net sales of $2.9 billion, net income net loss of $534 million, EPS loss per share of $8.40.

“During the third quarter of 2022, the Company reported net sales of $2.9 billion, a net loss of $534 million and a loss per share of $8.40.”

MOHAWK INDUSTRIES INC reported third quarter 2023 adjusted results: net income Adjusted net earnings were $174 million, EPS adjusted earnings per share (“EPS”) were $2.72.

“Adjusted net earnings were $174 million, and adjusted earnings per share (“EPS”) were $2.72, excluding impairment and other non-recurring charges.”

MOHAWK INDUSTRIES INC reported third quarter 2023 results: revenue Net sales for the third quarter of 2023 were $2.8 billion, net income net loss of $760 million, EPS loss per share of $11.94.

“Mohawk Industries, Inc. (NYSE: MHK) today announced a third quarter 2023 net loss of $760 million and a loss per share of $11.94 with the impact of non-cash impairment charges of $876 million.”

MOHAWK INDUSTRIES INC incurred senior notes of $600,000,000 aggregate principal amount with U.S. Bank National Association / U.S. Bank Trust Company, National Association at 5.850% per annum maturing September 18, 2028.

“On September 18, 2023, Mohawk Industries, Inc., (the “Company”) completed the issuance and sale of $600,000,000 aggregate principal amount of its 5.850% Senior Notes due 2028 (the “Notes”) in a previously announced registered public offering.”

MOHAWK INDUSTRIES INC entered into Indenture with U.S. Bank Trust Company, National Association valued at $600,000,000 aggregate principal amount of 5.850% Senior Notes due 2028 (effective 2023-09-18).

“On September 18, 2023, Mohawk Industries, Inc., (the “Company”) completed the issuance and sale of $600,000,000 aggregate principal amount of its 5.850% Senior Notes due 2028 (the “Notes”) in a previously announced registered public offering.”

MOHAWK INDUSTRIES INC entered into Underwriting Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC, and Mizuho Securities USA LLC valued at $600,000,000 aggregate principal amount (effective 2023-09-11).

“On September 11, 2023, Mohawk Industries, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with BofA Securities, Inc., J.P. Morgan Securities LLC, and Mizuho Securities USA LLC, pursuant to which the Company agreed to sell $600,000,000 aggregate principal amount of its 5.850% Senior Notes due 2028 (the “Notes”) in a registered public offering.”

MOHAWK INDUSTRIES INC reported second quarter of 2023 results: revenue $3.0 billion, net income $101 million, EPS $1.58.

“Mohawk Industries, Inc. (NYSE: MHK) today announced second quarter 2023 net earnings of $101 million and diluted earnings per share (“EPS”) of $1.58. Adjusted net earnings were $176 million, and adjusted EPS was $2.76, excluding restructuring, acquisition and other charges. Net sales for the second quarter of 2023 were $3.0 billion, a decrease of 6.4% as reported and 9.6% on a legacy and constant currency and days basis versus the prior year.”

Bernard Thiers changed role as President at MOHAWK INDUSTRIES INC.

“Mr. Thiers will continue in a senior advisory role after February 1, 2024, to ensure a successful transition of the business and its strategies.”

Wim Messiaen was appointed as President at MOHAWK INDUSTRIES INC.

“Wim Messiaen, who has served for the past five years as Chief Executive Officer of the corrugated packaging division of VPK Group, will join the Company on October 16, 2023, following the completion of his contractual notice, and will succeed Bernard Thiers as president of the Company’s Flooring Rest of the World segment effective February 1, 2024.”

MOHAWK INDUSTRIES INC shareholders rejected Stockholder proposal with respect to a racial equity audit at the 2023-05-25 meeting.

“Votes regarding a stockholder proposal with respect to a racial equity audit were as follows: Votes For Votes Against Votes Abstain Broker Non-Votes 10,975,300 42,084,224 1,412,612 1,821,938”

MOHAWK INDUSTRIES INC shareholders approved Non-binding advisory vote with respect to the frequency of future advisory votes on the compensation of the Company's Named Executive Officers at the 2023-05-25 meeting.

“Votes regarding the non-binding, advisory vote with respect to the frequency of future advisory votes on the compensation of the Company’s Named Executive Officers were as follows: Every Year 2 Years 3 Years Votes Abstain Broker Non-Votes 42,348,222 10,371,686 1,743,759 8,469 1,821,938”

MOHAWK INDUSTRIES INC shareholders approved Non-binding advisory vote with respect to the compensation of the Company's Named Executive Officers at the 2023-05-25 meeting.

“Votes regarding the non-binding, advisory vote with respect to the compensation of the Company’s Named Executive Officers were as follows: Votes For Votes Against Votes Abstain Broker Non-Votes 51,832,695 2,604,305 35,136 1,821,938”

MOHAWK INDUSTRIES INC shareholders approved Ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 at the 2023-05-25 meeting.

“Votes regarding ratification of the selection of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2023 were as follows: Votes For Votes Against Votes Abstain Broker Non-Votes 54,488,853 1,792,138 13,083 0”

MOHAWK INDUSTRIES INC shareholders approved Election of directors for a three-year term beginning in 2023 at the 2023-05-25 meeting.

“Votes regarding the election of the following persons as directors for a three-year term beginning in 2023 were as follows: Name Votes For Votes Against Votes Abstain Broker Non-votes Karen A. Smith Bogart 43,983,216 10,201,675 287,245 1,821,938 Jeffrey S. Lorberbaum 52,395,602 2,009,831 66,703 1,821,938”

MOHAWK INDUSTRIES INC reported first quarter 2023 results: revenue $2.8 billion, net income $80 million, EPS $1.26.

“$1.26. Adjusted net earnings were $112 million, and adjusted EPS was $1.75, excluding restructuring, acquisition and other charges. Net sales for the first quarter of 2023 were $2.8 billion, a decrease of 6.9% as reported and 5.9% on a constant currency and days basis. For the first quarter of 2022, net sales were $3.0 billion, net earnings were $245 million and EPS”

MOHAWK INDUSTRIES INC reported fiscal year ended December 31, 2022 results: revenue approximately $11.7 billion, net income $25 million, EPS $0.39.

“For the twelve months ending December 31, 2022, net earnings and EPS were $25 million and $0.39, respectively. Adjusted net earnings excluding restructuring, acquisition and other charges were $823 million and adjusted EPS was $12.85. For the 2022 twelve-month period, net sales were approximately $11.7 billion, an increase of 4.8% versus prior year as reported or 8.8% on a constant currency and days basis.”

MOHAWK INDUSTRIES INC reported quarter ended December 31, 2022 results: revenue $2.7 billion, net income $33 million, EPS $0.52.

“Mohawk Industries, Inc. (NYSE: MHK) today announced fourth quarter 2022 net earnings of $33 million and diluted earnings per share (EPS) of $0.52. Adjusted net earnings were $84 million and adjusted EPS was $1.32, excluding restructuring, acquisition and other charges. Net sales for the fourth quarter of 2022 were $2.7 billion”

MOHAWK INDUSTRIES INC reported the fourth quarter 2022 results: EPS between $1.27 and $1.31. Guidance reaffirmed.

“Mohawk Provides Litigation and Earnings Guidance Update”

Clifford Suing changed role as Chief Financial Officer of the Company’s Global Ceramic Segment at MOHAWK INDUSTRIES INC.

“Effective August 1, 2022, Mr. Suing will return to his prior position of Chief Financial Officer of the Company’s Global Ceramic Segment.”

William W. Harkins was appointed as Chief Accounting Officer and Corporate Controller at MOHAWK INDUSTRIES INC.

“On July 29, 2022, Mohawk Industries, Inc. (the “Company”) announced the appointment of William W. Harkins as Chief Accounting Officer and Corporate Controller, effective August 1, 2022.”

Clifford Suing was appointed as Chief Accounting Officer and Corporate Controller at MOHAWK INDUSTRIES INC.

“On March 11, 2022, Mohawk Industries, Inc. (the “Company”) announced the promotion of Clifford Suing (age 57) to the position of Chief Accounting Officer and Corporate Controller of the Company, effective March 11, 2022, succeeding Steven H. Lee in such positions.”